507-509 Northwood Rd West Palm Beach, FL 33407
Seize a solid investment with remarkable current and future potential! Situated on a charming street renowned for its vibrant restaurants, boutiques, and wellness retailers. Anticipate growth with upcoming redevelopment plans that will extend the road, enhancing the trendy Northwood neighborhood eastward across North Flagler Drive towards the waterfront. Here, the Ritz-Carlton plans to build 144 ultra-luxury residences by 2027. This well-established coffee lounge presents an incredible opportunity to transform into a cigar/hookah lounge or bar with a 4COP dual license, featuring an outdoor bar, dance area, and a capacity of 100. Perfect for hosting events and parties, it can operate from 7 AM to midnight, with events extending until 2 AM.
- Property TypeBusiness Opportunity
- NeighborhoodN/A
- CountyPalm Beach
- Taxes$3,434
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID NumberA11589360
- Home Size Source N/A
- Year Built1945
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Building Features Coffee ShopEntertainmentKitchen FacilitiesPedestrian Traffic
- Water Public
- Zoning NMUD TYP
Interior Features
- Cooling Central Building A/ C
- Heating Central Electric
Exterior Features
- Waterfront Property No
Community Features
- Building Features Coffee ShopEntertainmentKitchen FacilitiesPedestrian Traffic